Jakarta –
Shunsaku Sagami is a new billionaire from Japan. At the age of 32, he controls 73% of the shares in his company and is now valued at more than US$ 1 billion or the equivalent of Rp. 14.7 trillion (assuming an exchange rate of Rp. 14,700).
Indeed, since taking the floor on the Japanese stock exchange, the company’s shares have skyrocketed to more than 340%. The M&A Research Institute was founded in 2018.
In its operations, this company uses artificial intelligence to find potential clients.
Shunsaku’s company is very good at printing large transactions. The average company can complete a deal within six months.
At the end of December 2022, the company managed to record 33 transactions and 426 other agreements that are still in progress.
Previously Shunsaku worked in the advertising sector. In 2015 he founded a media company called Alpaca which has now been acquired by Vector, a public relations firm registered in Tokyo. The company has now changed to Smart Media.
When running the company, he assessed that the company’s operations were inefficient. On the same occasion he also witnessed his grandfather’s business being closed down because there was no next generation.
At that time, Sagami was determined to help SMEs in Japan who did not have heirs to continue their business.
At his company the M&A Research Institute uses AI to find potential buyers for businesses that their owners want to sell.
There is a fee to be paid when the deal is done. Shunsaku said that this pricing is friendly to the client’s pocket. AI also makes the company more superior when compared to competitors.
M&A Research Institute posted a net profit of US$7.1 million on revenue of US$15.7 million for the fourth quarter of December 2022. The company’s annual revenue jumped nearly 200% yoy to US$28.8 million.
With profits nearly quadrupling to US$9.8 million during the same period. The number of M&A employees at the company has more than doubled to 90 at the end of December.
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(kilo/that)
2023-05-04 04:36:37
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